FL ARCHIVED July 2017 | Page 13

Market Action Report July 2017
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City : Plant City

Price Range : All | Properties : SFH - Con

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Market Action Report July 2017

Phone Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 249,450
6 %
14 %
Average List Price of all Current Listings
$ 328,995
7 %
27 %
July Median Sales Price
$ 191,750
-4%
-1%
15 %
13 %
$ 192,000
16 %
13 %
July Average Sales Price
$ 209,820
0 %
1 %
14 %
16 %
$ 203,221
16 %
12 %
Total Properties Currently for Sale ( Inventory )
166
2 %
-17%
July Number of Properties Sold
88
2 %
19 %
521
10 %
July Average Days on Market ( Solds )
45
5 %
-2%
-4%
-21%
45
-27%
-21%
Asking Price per Square Foot ( based on New Listings )
$ 121
3 %
3 %
12 %
14 %
$ 117
10 %
10 %
July Sold Price per Square Foot
$ 111
1 %
1 %
11 %
13 %
$ 107
13 %
9 %
July Month ' s Supply of Inventory
1.9
-0%
0 %
-30% -33%
2.3
-19%
-17%
July Sale Price vs List Price Ratio
97.1 %
-. 3 %
. 5 %
1.0 %
. 9 %
96.1 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
Property Sales
100
July Property sales were 88 , up 18.9 % from 74 in July of 2016 and 2.3 % higher than the 86 sales last month . July 2017 sales
90
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to July of 2016 and 2015 .
100
80
July
July Property YTD sales sales of were 521 are 88 , running up 18.9 % 10.1 from % 74 ahead in July of last of 2016 year ' s yearto-date 2.3 % sales higher of than 473 . the 86 sales last month . July 2017 sales
90 and were at their highest level compared to July of 2016 and 2015 .
80
70
60
July YTD sales of 521 are running 10.1 % ahead of last year ' s yearto-date
70
50
sales of 473 .
60
40
50
30
40
20
30
10
20
0
10
A
S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
0
14
15
16
17
Prices
The Median Sales Price in July was $ 191,750 , up 14.9 % from
A
S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
14
15
16
17
J
Prices
$ 166,950 in July of 2016 and down 4.1 % from $ 199,950 last
The month Median . The Sales Average Price Sales in July Price was $ in 191,750 July was , up $ 14.9 209,820 % from , up 13.7 %
$ from 166,950 $ 184,530 in July of in 2016 July of and 2016 down and 4.1 up % from 0.4 % $ from 199,950 $ 208,959 last last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The July Average 2017 ASP Sales was Price at in the July highest was $ level 209,820 compared , up 13.7 to % July from $ 184,530 in July of 2016 and up 0.4 % from $ 208,959 last
220 of 2016 and 2015 . month . July 2017 ASP was at the highest level compared to July
200
200
180
of 2016 and 2015 .
180
160
160
140
74 54 61 50 62 42 57 85 80 69 86 73 64 73 83 47 86 54 47 75 89 74 60 74 73 62 82 66 64 59 58 75 69 86 86 88
140 120
120
100
100
A
S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
A
S
14 O N D
J
F
M15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A17M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 166 , Inventory up 1.8 % from of Properties 163 last available month and for down sale as 16.6 of July % from 199 was in July 166 , of up last 1.8 % year from . July 163 last 2017 month Inventory and down was at 16.6 its % lowest from 199 level
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
in compared July of last with year July . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July of 2016 and 2015 .
300
250
250
200
6.0
5.0
200
150
4.0
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
July 2017 for sellers
MSI of while
1.9 a
100 higher MSI is better for buyers . The July 2017 MSI of 1.9 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
50
2015 .
2015 .
0
3.0
100
2.0
50
1.0
0
0.0
A
S O N D J
F M A M J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
A
S O N D J
F M A J
J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
J
14
14
15
15
16
16
17
17
J
288 289
74 288
279 54 61
Title
Website Other
50 62 42 57 85 80 69 86 73 64
283 289
289 279
271 283
265 289 249
271 270 265
243
249 256
270 268 243
248 256
236
268 239 233
248 236
73 191
239 83
192 233 188
47 191 176
86 192
171 54 47 75 89 74 60 74 73 62 82 66 64 59 58
186 188
187 176
171 199
207 186
181 187 183 199
190 207
167 181
170
183 174
190
171
167 166 161
170
163 174
166 171 166 75 69 161
3 Mo Avg
86
163 86
166 88
J
3 Mo Avg
J
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 13
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso
does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .